SMB Finance, Ramboda Falls see gains in CSE

Sri Lanka’s stock market is closed on Friday, September 5, for a local holiday. Trading will resume on Monday, Sept. 8.

Sri Lankan shares closed marginally higher on Thursday but ended the holiday-shortened week 0.03% lower, snapping a three-week rally.

Gains in utilities and real estate offset a narrow decline in communication services stocks.

The CSE All-Share index settled 0.08% higher at 20,991.98.

SMB Finance PLC and Ramboda Falls PLC were the top percentage gainers on the index, up 33.3% and 17.9% respectively.

Industrial Asphalts (Ceylon) PLC and Hikkaduwa Beach Resort PLC were the top losers, down 20% and 14.3% respectively.